Quote from: DashingAgent on November 27, 2022, 06:21:02 AM

I will support Elon Musk if he creates a stablecoin for Twitter

I will support Elon Musk if he creates a stablecoin for Twitter and also pays users for free, If Elon Musk pays $1 million per user per day, it would make the world rich quickly, Moreover, it will also provide liquidity to Bitcoin and other cryptocurrencies. I didn't support Mark Zuckerberg because he wanted to become the richest person in the world by creating more assets as a stablecoin and because Mark Zuckerberg wasn't even interested in Bitcoin, I refused to give approval to the US and European governments either. If Mark Zuckerberg had created a stablecoin, it would hardly have benefited users.

This is an idea that will never come true. First, Elon Musk is unlikely to want to create a stablecoin for Twitter as well. It won't be of much practical value. But then Elon Musk will have a lot of problems. Zuckerberg failed with his Libra/Diem stablecoin precisely because he wanted to connect a pervasive social network and finance. The states saw in this the concentration in private hands of significant confidential information about a decent part of the citizens of the planet. And this is a huge influence and power. Therefore, the states used their leverage to prevent this from happening. The same will happen with Elon Musk. He must understand this.